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Palau - Energy and Water Accounts using SEEA

Palau - Energy and Water Accounts using SEEA

Date:

Thursday, October 5, 2017

Type:

Public information and advocacy materials

Abstract

The Republic of Palau conducted an environment statistics assessment (http://www.unescap.org/announcement/republic-palau-environment-statistic...) which identified energy and water as priority areas. The Republic of Palau’s, Bureau of Budget and Planning, Ministry of Finance, with support from ESCAP Pacific Office, produced experimental energy and water accounts using the System of Environment-Economic Accounting (SEEA).

Key results from the energy accounts included:
• the physical use of energy (kilojoules) declined between FY2014 and FY2016;
• energy productivity ($ of GDP per $ of energy use) increased 60 percent between FY2014 and FY2016, due mostly to decreases in energy use and the price of energy products;
• per capita use of energy (kilojoules)) declined between FY2014 and FY2016, due to a combination of increasing population and decreasing physical use of energy and water;
• use of solar electricity more than doubled between FY2014 and FY2016, with government the largest user. However, solar electricity makes up less than 1 percent of total energy use.

Key results for the water accounts were:
• the physical use of water (mega litres) declined between FY2014 and FY2016;
• water productivity ($ of GDP per $ of water use) decreased 38 percent between FY2014 and FY2016 due mostly to increases in the price of water; and
• per capita use of water (mega litres) declined between FY2014 and FY2016, due to a combination of increasing population and decreasing physical use of water.